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Published on 7/16/2009 in the Prospect News PIPE Daily.

New Issue: Mega View Digital Entertainment seals C$5.06 million placement of stock

By Devika Patel

Knoxville, Tenn., July 16 - Mega View Digital Entertainment Corp. announced it settled a C$5.06 million private placement of shares.

The company sold 20,240,000 common shares at C$0.25 per share.

Mega View Digital Entertainment, formerly Middle Kingdom Paradiso Corp., is a Richmond Hill, Ont.-based capital pool company.

Issuer:Mega View Digital Entertainment Corp.
Issue:Flow-through shares
Amount:C$5.06 million
Shares:20,240,000
Price:C$0.25
Warrants:No
Settlement date:July 16
Stock symbol:TSX Venture: MKC.P
Stock price:C$0.30 at close July 16

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